Vanity Fair's 2012 Hollywood issue is here, and there's just one word to sum it up: HOLYOMGLAMOUR. (Okay, so that's not technically a word. But an occasion like this needs a wholly original portmanteau, mmmkay?) The cover features a full dozen of our favorite young leading ladies, who look like they're in attendance at a deco-themed slumber party we'd kill for an invitation to—all 12 of them channeling 1930s boudoir bombshells in Old Hollywood pincurls, deep red lipstick and silk charmeuse gowns.

But the cover isn't just eye candy; it's a veritable buffet of the poised and prolific actresses who we'll be seeing in the movies and on the awards circuit for the next decade or so. We've got...

Rooney Mara, the girl with the dragon tattoo AND the Oscar nomination; Mia Wasikowska, whose penchant for playing literary heroines has landed her roles as Alice in Wonderland and Jane Eyre; Jennifer Lawrence, who we've watched evolve from an Ozark antiheroine to a blue-skinned mutant to the Katniss Everdeen of our dreams; Jessica Chastain, Juilliard alumnus and indie circuit juggernaut who's finally getting the recognition she deserves after her incredible performance in "The Help"; Elizabeth Olsen, whose breakout performance in "Martha Marcy May Marlene" made her the new Olsen to watch; Adepero Oduye, a brilliant med student turned brilliant-er actress and the breakout star of the groundbreaking "Pariah"; Shailene Woodley, the member of our New Class who went from playing a pregnant teenager on the small screen to holding her own against George Clooney on the silver one; Paula Patton, who wowed audiences in "Precious" before stomping some butt in "Mission Impossible: Ghost Protocol"; Lily Collins, one to watch with her leading role as Snow White in this year's "Mirror Mirror"; and Brit Marling, who didn't just act in two Sundance feature films, but wrote the scripts as well.

And behind the scenes, some of the ladies sat down for exclusive video interviews (watchable on Vanity Fair's site right now) where they open up about acting—and where our favorite actresses remind us exactly why we love to watch them work.

For instance: "I've made a lot of faux pas, and will continue to," Jennifer Lawrence admitted, in typically straightforward fashion, as she recounted an embarrassing on-set gaff. And when asked about her aspirations beyond acting, she was the first to point out that, "I don't think there are a lot of jobs out there in the entertainment industry that I can do, since I don't even have a high school education, pretty much...but I'd love to direct. I love all the angles of filmmaking."

"But," she added, "I'm pretty happy where I am."

What do you think of the glamorous glitz of this year's VF Hollywood cover? Sound off in the comments and on Twitter!